10 Most Oversold Stocks to Buy According to Billionaires

8. Westlake Corporation (NYSE:WLK)

Number of Billionaire Holdings: 8 

Dollar Value of Billionaire Holdings: $191,011,247 

Westlake Corporation (NYSE:WLK) stands eighth on our list of the most oversold stocks. It is a global industrial company that produces essential chemicals and finished goods used in everyday products like packaging, medical devices, construction materials, and automotive parts. It earns revenue by manufacturing and selling both raw materials and ready-to-use products to businesses across various industries worldwide.

In Q1 2025, Westlake Corporation (NYSE:WLK) reported $2.8 billion in revenue, maintaining stability despite global economic softness. Strength in the Housing and Infrastructure Products (HIP) segment, supported by steady construction activity and stable pricing, helped offset broader demand challenges.

The company’s EBITDA for the quarter totaled $288 million. The HIP segment stood out with a solid 20% EBITDA margin, while the Performance and Essential Materials (PEM) segment faced pressure from rising feedstock and energy costs, leading to overall margin compression.

The business posted a net loss of $40 million, or $0.31 per share, which was primarily due to high input costs, plant outages, and weak global demand. However, analysts view this as a cyclical low rather than a long-term trend, with expectations of recovery as industrial demand picks up.

Investors are drawn to Westlake Corporation (NYSE:WLK) ’s potential for upside during a recovery cycle, supported by the defensive nature of its HIP business, strong cash reserves of $2.5 billion, and a focus on cost control and reduced capital spending. The company continues to return value to shareholders through dividends and buybacks, demonstrating confidence in long-term growth.

The corporation’s recent developments include the completion of key plant upgrades and limited exposure to Chinese tariffs, positioning the company well for future growth. Additionally, a strategic inventory built in PVC ahead of the construction season could boost performance if demand rebounds.